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International Business Times

Business

FOUND: Alibaba soars but asia markets dip - What They Never Told You

Alibaba Donald Trump United States

Alibaba rocketed 15 percent after bumper results after hours on Friday, including a surge in AI revenue (Credit: AFP)

Chinese ecommerce giant Alibaba boosted the Hang Seng on Monday, but other Asian markets mostly fell back after Wall Street retreated from record highs.

Alibaba rocketed 15 percent following bumper results after hours on Friday, including a surge in AI revenue. Its US-listed shares soared on Friday too.

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One subscription that gives you access to news from hundreds of sites

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